-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RDcNw+R7A3Njsv48CMm2rDPPtRHuy9Lckiv6xmAcQHnsp2GXKWnsg1iGb3DxsqCR U4XryepbHCir2/G2CF2/dw== 0000278041-99-000008.txt : 19991028 0000278041-99-000008.hdr.sgml : 19991028 ACCESSION NUMBER: 0000278041-99-000008 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19991026 ITEM INFORMATION: FILED AS OF DATE: 19991027 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTERNATIONAL SHIPHOLDING CORP CENTRAL INDEX KEY: 0000278041 STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412] IRS NUMBER: 362989662 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-10852 FILM NUMBER: 99735361 BUSINESS ADDRESS: STREET 1: 650 POYDRAS ST STE 1700 CITY: NEW ORLEANS STATE: LA ZIP: 70130 BUSINESS PHONE: 5045295461 8-K 1 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) October 22, 1999 INTERNATIONAL SHIPHOLDING CORPORATION -------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 2-63322 36-2989662 - ---------------------------- --------------- -------------------------- (State or other jurisdiction (Commission file (I.R.S. Employer of incorporation or number) Identification Number) organization) 650 Poydras Street New Orleans, Louisiana 70130 - ----------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) (504) 529-5461 ---------------------------------------------------- (Registrant's telephone number, including area code) Not applicable ------------------------------------------------------------- (Former name or former address, if changed since last report) 2 ITEM 5. OTHER EVENTS On October 22, 1999, the Company issued the following press release: NEW ORLEANS, LOUISIANA - International Shipholding Corporation announced today that it has completed the repurchase of 500,000 shares of common stock under a repurchase program authorized by its Board of Directors in October 1998. The Company also announced that its Board of Directors has approved another program to repurchase up to 1,000,000 shares of common stock, based on the Board's belief that the current market value of the Company's common stock does not adequately reflect the Company's inherent value. At management's discretion, and subject to market conditions, the Company expects to purchase these shares through open market or privately negotiated transactions. The common stock of International Shipholding Corporation is traded on the New York Stock Exchange with the symbol ISH. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (a) Not applicable. (b) Exhibits - none. 3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. INTERNATIONAL SHIPHOLDING CORPORATION By: /s/ Gary L. Ferguson ---------------------------------- Gary L. Ferguson Vice President and Chief Financial Officer Dated: October 26, 1999 -----END PRIVACY-ENHANCED MESSAGE-----